General business - Articles - Page 191 | Adhesives & Sealants Industry

Jonsson to Take the Reins at Covestro in 2020

Haakan Jonsson joined Covestro in 1992 as a scientist, working at the company’s North American headquarters in Pittsburgh.

June 14, 2019

Covestro LLC recently announced that its current president, Haakan Jonsson, Ph.D., will also take over as chairman of the board of directors, effective January 1, 2020.

H.B. Fuller to Sell Surfactants, Thickeners, and Dispersants Business to Tiarco

H.B. Fuller’s surfactants, thickeners, and dispersants business, based in Dalton, Ga., had fiscal year 2018 sales of approximately $25 million and EBITDA of approximately $8 million.

June 13, 2019

H.B. Fuller Co. recently announced that it has signed a definitive agreement to sell its surfactants, thickeners, and dispersants business to Tiarco, LLC, a wholly owned subsidiary of Textile Rubber and Chemical Co., Inc., for $71 million.

Cincinnati Enquirer Names Pilot Chemical a Top Workplace

The list is based on an anonymous employee survey, which measures aspects of workplace culture such as alignment, execution, and connection, among others.

June 13, 2019

Pilot Chemical Co. has been awarded a Top Workplaces 2019 honor by The Cincinnati Enquirer.

Nouryon Announces New Structure to Support Growth Strategy

Nouryon’s new model is organized around three market-focused businesses: Technology Solutions, Industrial Chemicals, and Performance Formulations.

June 11, 2019

Nouryon recently announced a new organizational model as part of its strategy to accelerate growth and drive performance improvement.

Univar Solutions to Distribute Dow Polyurethanes in North America

Univar Solutions will serve as an authorized channel for Dow’s polyurethane products across the U.S. and Canada.

June 7, 2019

Dow and Univar Inc. recently announced that Dow has selected Univar Solutions as a key North American channel to market, distributing Dow’s product portfolio of polyols and isocyanates.

Synthomer Joins International Association Representing the Nonwovens and Related Industries

Along with EDANA’s 250 members, Synthomer aims to advance the interests of the nonwovens and their related industries in working groups, industry expositions, and events.

June 4, 2019

Synthomer recently announced that it has joined the International Association Representing the Nonwovens and Related Industries (EDANA) as an official member.

Top 5 News that Sticks

Henkel Acquisition of Molecule is Top News

Henkel’s acquisition in the additive manufacturing space led the news last week.

Susan Sutton

May 28, 2019

What opportunities is your company finding in 3D printing? I’d love to hear about it!

SOCMA Addresses China Tariffs and Impact on Specialty Chemical Manufacturers

As the U.S. and China negotiate the sequencing of tariff removal, SOCMA reports that it is proactively monitoring and advocating on behalf of the specialty chemical industry.

May 28, 2019

The Trump Administration’s decision to raise tariff rates from 10 to 25% on $200 billion in Chinese imports will disproportionately burden specialty chemical manufacturers, according to a statement released by the Society of Chemical Manufacturers & Affiliates (SOCMA).

PPG to Maintain Business Portfolio Composition Following Strategic Business Review

Based on multiple reports and evaluation, the PPG board has determined that maintaining the company’s current business portfolio composition, including its architectural and industrial coatings businesses, provides the best opportunity to maximize long-term shareholder value.

May 24, 2019

PPG recently announced that two separate and independent reviews of its business portfolio were completed by Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC, with each firm independently conducting multi-faceted evaluations of PPG’s business portfolio, including potential separation opportunities.

Chemical Activity Barometer Shows Third Monthly Gain in May

The CAB has four main components, each consisting of a variety of indicators: production, equity prices, product prices, and inventories and other indicators.

May 23, 2019

The Chemical Activity Barometer (CAB), an economic indicator created by the American Chemistry Council (ACC), rose 0.4% in May 2019 on a three-month moving average basis, the third monthly gain after several weak months.